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Liberia

Liberia ranked No. 141 in total trade value through October with a total of $244.81 million. Exports totaled $189.26 million and Imports totaled $55.55 million, a surplus of $133.7 million.

January – October 2018

Top Trading Ports

Total Trade: $244.81 million

RankPortTotal YTD
1Port of Morgan City, La. $90,971,704
2Port of Virginia $50,029,668
3Port of Houston $25,716,342
4Port of Baltimore, Md. $11,161,675
5Port of New York $10,365,822
6Port of Savannah, Ga. $8,364,646
7Port of Lake Charles, La. $7,814,766
8Low-Valued Imports and Exports $7,124,985
9Port of Newark $6,132,093
10Port of Philadelphia $5,000,000

U.S. trade with Liberia rose to $244.81 million through October

Liberia’s trade with the United States rose to $244.81 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 18.5 percent above its total trade during the same time period last year. Liberia’s exports increased 46.58 percent while imports fell 28.3 percent. The U.S. surplus with Liberia was $133.7 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Morgan City, La.; No. 2 Port of Virginia; No. 3 Port of Houston; No. 4 Port of Baltimore, Md.; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of Houston No. 3 Port of Texas City, Texas No. 4 Port of Morgan City, La. and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 76.9 percent of Liberia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Morgan City, La. rose 447.38 percent to $90.97 million.
    Exports rose 447.38 percent to $90.97 million. There were no imports.
  • Trade with No. 2 Port of Virginia rose 4.79 percent to $50.03 million.
    Exports rose 2.31 percent to $3.36 million. Imports rose 4.97 percent to $46.67 million.
  • Trade with No. 3 Port of Houston fell 43.99 percent to $25.72 million.
    Exports fell 44 percent to $25.71 million. Imports totaled $2,015.
  • Trade with No. 4 Port of Baltimore, Md. rose 331.46 percent to $11.16 million.
    Exports rose 246.34 percent to $8.96 million. Imports totaled $2.2 million.
  • Trade with No. 5 Port of New York rose 22.33 percent to $10.37 million.
    Exports rose 22.33 percent to $10.37 million. There were no imports.

Liberia ranked No. 141 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 140.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Liberia by value through October were the categories of Gasoline, other fuels; Taps, cocks and valves for pipes, tanks; Parts for heavy machinery; Containers for transportation; and Worn clothing, other worn textile articles, respectively. They accounted for 40.69 percent of total exports to Liberia.

The value of the top five categories of U.S. imports from Liberia –– Rubber; Diamonds, not mounted; Antiques; Palm oil; and Misc. medical chemical re-agents –– accounted for 99.42 percent of all inbound shipments.

Looking more closely at U.S. exports to Liberia:

  • Gasoline, other fuels rose 9.53 percent compared to last year to $29.61 million.
  • Taps, cocks and valves for pipes, tanks rose 280.95 percent compared to last year to $15.56 million.
  • Parts for heavy machinery rose 34.24 percent compared to last year to $12.98 million.
  • Containers for transportation rose 2440.86 percent compared to last year to $10.97 million.
  • Worn clothing, other worn textile articles rose 2 percent compared to last year to $7.89 million.

Looking more closely at U.S. imports from Liberia:

  • Rubber rose 6.92 percent compared to last year to $50.43 million.
  • Diamonds, not mounted rose 38.29 percent compared to last year to $2.35 million.
  • Antiques rose 27.95 percent compared to last year to $1.79 million.
  • Palm oil rose 39.03 percent compared to last year to $491,453.
  • Misc. medical chemical re-agents totaled $158,025. The previous year, there were no imports in this category.

In the latest annual figures available, Liberia recorded $235.38 million in trade with the United States. At year’s end, its were Houston; Norfolk; New York City; New Orleans; and Atlanta/Savannah. Total U.S. exports to Liberia were $ 144.12 million and imports from Liberia were $91.26 million. The U.S. surplus with Liberia was $52.86 million.